A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The launch of Russia’s military invasion of Ukraine on February 24, 2022, represents a test for Europe. Will the comfortable, economically developed countries that formed the backbone of the European …
The Great European Defense Reset Now Begins Read More
With global tensions continuing to heat up, the Chinese government has announced its intention to increase its defense budget by 7.1 percent year-on-year for 2022. The official topline figure will …
China Plans Defense Budget Increase of Over 7 Percent for 2022 Read More
Jarred awake from its 30-year slumber by events in Ukraine, Germany’s Chancellor Olaf Scholz announced in a special session of the Bundestag on February 27 that a massive shift in …
Confronting Reality, Germany Pledges a Stronger Military Read More
With the security environment along Europe’s eastern borders with Russia worsening, the Estonian government is planning to invest more in the country’s defense capability by adding an additional EUR380 million …
As Tensions over Ukraine Rise, Estonian Government Pledges More Money for Defense Read More
The Senate Appropriations Committee released its version of the FY22 defense spending bill earlier this week. The committee recommends adding billions of dollars to the FY22 defense spending bill, mirroring …
Senate Recommends Additional Defense Spending in Draft FY22 Appropriations Bill Read More
The White House has announced that its FY22 budget request will seek $753 billion for national defense, a 1.7 percent increase over the FY21 enacted level. That figure includes the …
White House Proposes $715 Billion Defense Budget for FY22 Read More
The latest U.K. defense review document – the Defence Command Paper titled “Defence in a Competitive Age” – was released to the public on March 22, to much commentary. Thoughts …
The U.K. Defence Command Paper in Review Read More In what may reasonably be described as a surprise, British Prime Minister Boris Johnson has announced a major investment package for the Ministry of Defence – marking the largest such …
British Government Announces Major Defense Spending Boost Read More
The pandemic has strongly impacted some sectors of the worldwide aerospace/defense industry, but not all sectors have been negatively impacted. What will recovery look like? What is the long-range outlook …
New Report on World Aerospace/Defense Pandemic Outlook and Recovery Read More
The South Korean government plans to trim around KRW300 billion ($245 million) from the country’s 2020 defense allocation in order to bolster its economic relief effort in light of the …
Due to COVID-19, South Korea Plans Fresh Cut to 2020 Defense Budget Read More